SOLUTION: Find a formula to describe the amount of money in an account that started with $50 and and increases at a compound interest of 4.5% per year after t number of years
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Question 270943: Find a formula to describe the amount of money in an account that started with $50 and and increases at a compound interest of 4.5% per year after t number of years
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
FV=P(1+r/n)^(nt)
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